Still, I feel that Lime Fx could become a more attractive forex broker by expanding the range of tools it supports. One excellent addition would be copy trading, allowing rookie traders to mirror and learn from more experienced peers, who can earn commissions from copiers. I am happy with the selection of fee-free funding methods accepted by Lime Fx, which supports Visa/Mastercard, bank wire transfers, cryptocurrency and four e-wallets – Skrill, Neteller, EeziePay and AWEpay. This makes it easy for global traders to get started with the forex broker. Additionally, traders have access to real-time market data and analysis to help them make informed decisions. The combination of educational tools and a well-regulated environment makes Lime Fx a reliable option for traders looking to expand their knowledge while maintaining secure trading conditions.
Beginners will appreciate the straightforward pricing model with zero-commission trading, while experienced traders will rate the tight spreads with no restrictions on trading strategies. Lime Fx provides access to the widely popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, known for its reliability and advanced trading features. The platform supports seamless trading across multiple asset classes, including CFDs, forex, and cryptocurrencies, ensuring flexibility for various types of traders. While an Lime Fx no deposit bonus does not exist, Lime Fx offers a 100% first deposit bonus with a $2,000 limit. Terms and conditions apply, and I urge traders to read and understand them before accepting the incentive.
On the three most popular currency pairs- EUR/USD, USD/JPY, and GBP/USD, Lime Fx offers in-house research. Further, as a new trader, a client will get 14 educational posts including dedicated major economic reports. These highly competitive leverage offerings are best for the traders to know clearly how to manage risk since this also ends up providing a trading edge. A trader doesn’t need to be worried about the reliability or transparency of the broker. As per the CySEC and VFSC regulations, Lime Fx is offering security to clients’ funds even the personal information is kept secret. Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process.
- Lime Fx’s non-forex asset list is less competitive, with the lack of shares a notable exclusion and very few other markets.
- One excellent addition would be copy trading, allowing rookie traders to mirror and learn from more experienced peers, who can earn commissions from copiers.
- Without any kind of fee required an investor gets lots of trading facilities featuring the MT4 platform, a wide range of trading instruments, advanced Forex tools, and attractive Forex offers.
- You do not need to go through any hard procedure or visit the company office to open an account.
- Also, a $500 deposit is needed for free daily signals from Trading Central.
Lime Fx Demo Account
Here you should also notice that the fees can fluctuate on different occasions or during market updates. So it’s wise to check the website and take the live chat help to evaluate the actual pricing of your target withdrawal payment method. If you decide to trade on the Lime Fx platform it will be a winning game for you.
Eightcap – Seamless Forex Trading Experience
However, due to European regulations, this bonus is not available for clients from the EEA. To avoid these charges, I recommend using Visa or Mastercard bank cards, as I found these do not incur a fee. Opening an account with limefx courses scam Lime Fx is a straightforward process designed to get traders started quickly. Lime Fx lists 71 currency pairs, 12 cryptocurrency pairs, 12 indices, spot metals and commodities, like WTI and Brent. Overall, the asset selection is both impressive and more than ample for new and intermediate traders.
Lime Fx does not impose any minimum deposit requirements, allowing traders to begin with as little or as much as they are comfortable with. Lime Fx holds a regulatory license from the Cyprus Securities and Exchange Commission (CySEC). It also operates an unregulated but duly registered subsidiary in Vanuatu, where most international clients trade. Clients may also use their Facebook or Google accounts to open an account.
Flexible Account Options
Traders from these countries should consider other brands in this list. As well as a welcome bonus, traders can benefit from a tier-based reward scheme and access to useful add-ons, including daily forex signals and advanced charting from TradingView. Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications.
As a new trader, you won’t feel overwhelmed on how to start trading and how to apply or develop a trading strategy. In reality, you will get 24/5 customer care support via live chat, phone, or email and start trading without being afraid of extra platform fees, commissions, and higher spreads. Lime Fx broker only supports MT4 trading terminal which is out-of-the-box and offers automated trading.
Spreads And Trading Commissions
We don’t consider this a reputable regulator so traders should be aware they may receive little in terms of legal protections should the firm run into financial difficulties, for example. These can range from 6 to 16+ fractional shares depending on the promotion. Stringent terms make withdrawing bonus funds either difficult or impossible. For example, only $1 of profit can be withdrawn for each lot traded using the standard welcome bonus. There is a VPS offer, but it requires an account balance of $2,500 and a minimum monthly trading volume of 30 lots, which is higher than many alternatives.
Lime Fx uploads blogs on market analysis often so you may keep your eyes over there for newer blogs. Though the broker is only a decade-old broker of the Forex trading era, it has been ornamented with a bunch of prestigious awards. The most trusted and publicly participated review website TrustPilot has marked Lime Fx broker as an excellent broker with 4.5-star ratings. Lime Fx does not have a dedicated mobile app, but clients can trade using MT4’s app, which https://limefx.club/ is available from the Apple App Store and Google Play.
Traders looking for a no deposit bonus will also appreciate SuperForex, which offers $88 to those that register for an account and claim the offer in the Client Cabinet. It is also one of the few brokers we have reviewed that provides a comparison chart to help traders find the best bonus for their circumstances. SuperForex offers the greatest choice and frequency of promotions out of every forex broker we evaluated.
- The company has a license from at least one reputable regulatory body, such as the CySEC, and ensures compliance with industry standards and safeguarding client funds.
- As a new trader, you won’t feel overwhelmed on how to start trading and how to apply or develop a trading strategy.
- Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
How To Make A Forex Trade
This customer-centric approach makes Lime Fx a solid choice for traders who prioritize responsive and professional support. Lime Fx supports bank wires, including several local options, credit/debit cards, UnionPay, Neteller, and Skrill. Traders can access the processing times and minimum/maximum deposits by clicking on the + next to each option. Lime Fx transparently provides all necessary information on its website. There are no deposit fees, but several withdrawals face internal charges while third-party processor costs may also apply. Lime Fx Forex broker provides a range of educational resources to help traders improve their knowledge and skills.
I always like to check an economic calendar before take a decision on the trade. The company has a license from at least one reputable regulatory body, such as the CySEC, and ensures compliance with industry standards and safeguarding client funds. Its regulation contributes positively to its ratings for credibility and security. Choosing a broker based solely on their bonus deals and trading promotions is a bad idea.
The broker supports wire transfers, Mastercard and Visa bank cards, popular cryptocurrencies, plus a selection of e-wallets, including Skrill and Neteller. The broker’s bonus credit can also be used to speculate on a full suite of popular asset classes, including forex, indices, commodities and crypto. The majority of trading promotions are available through Vantage Global Limited, which is registered with the Vanuatu Financial Services Commission (VFSC) – a weak regulator.
Does Lime Fx have a loyalty program for traders?
This diversity allows traders to build diversified portfolios and explore various market opportunities, catering to both short-term and long-term trading strategies. Apart from an ideal and amazing trading account ECN XL, Lime Fx has something more in its bucket to offer its Forex traders. As Lime Fx is an up-to-date broker, a client will get an attractive deposit bonus also a Free VPS service.
Experienced traders will appreciate the tight spreads, access to MT4 and a VPS, plus zero strategy restrictions. During testing, we have been impressed with the ECN pricing that offers spreads from 0.0 pips, while the 70+ currency pairs provide better market coverage than most alternatives. The broker’s strong regulatory oversight by CySEC, MiFID, and MISA, along with client fund security in Tier 1 banks, adds a layer of trust for its users. Lime Fx offers several unique features that set it apart from other brokers.
But a broker offering few trading materials can’t satisfy a big portion of traders having the urge to try a different and wide variety of instruments. Lime Fx.com started its journey in 2010 with the vow to deliver a trustworthy, transparent, and fair trading service in the industry. As a trustworthy broker and for offering the Best Forex Trading Account Lime Fx.com has gained numerous awards including the UK Forex Awards.